- Since Etherlink is a Tezos-native Smart Rollup, it takes advantage of Tezos’ on-chain governance, cheap fees, and quick finality.
- This launch provides a uniquely integrated rollup and L1 pairing deep liquidity by making Curve the stablecoin and pegged asset backbone for both Etherlink and Tezos.
The decentralized exchange platform Curve, which offers deep liquidity and low slippage to make trading stablecoins, pegged assets, and cross-currency pairs more efficient and economical, has been deployed on Etherlink, a Layer 2 blockchain that is compatible with EVMs and powered by Tezos Smart Rollups.
Since Etherlink is a Tezos-native Smart Rollup, it takes advantage of Tezos’ on-chain governance, cheap fees, and quick finality, while the majority of EVM L2s rely on independent governance and upgrade methods. Etherlink is distinct from other Layer 2s because to its extensive protocol integration, which also establishes Curve as the first significant liquidity engine connecting the Tezos and EVM ecosystems.
Maximilian Roszko, who leads network expansion at Curve stated:
“Most importantly, a Curve deployment on Etherlink gives the Tezos ecosystem access to deep stablecoin liquidity and efficient pegged asset trading. That’s what makes this launch strategically interesting for us.”
Curve is one of the platforms taking part in Apple Farm Season 2, a rewards program created to promote active usage of DeFi applications on Etherlink, in order to fund its expansion. With more than $3 million in incentives, Apple Farm is fully operational and has launched on Etherlink to encourage additional adoption within the growing DeFi ecosystem of Layer 2.
This launch provides a uniquely integrated rollup and L1 pairing deep liquidity by making Curve the stablecoin and pegged asset backbone for both Etherlink and Tezos. It represents a step toward a stablecoin architecture that is seamlessly integrated into the expanding modulithic ecosystem of Tezos.
David Relkin, Head of DeFi at Nomadic Labs stated:
“Having Curve as our stablecoin backbone changes everything for Etherlink users. Traders can now access the deep liquidity they’re used to on mainnet, but with the speed and cost benefits of our Tezos-native rollup architecture.”
The announcements made today coincide with Etherlink’s strong ecosystem momentum, as the company has experienced a number of noteworthy advances across its ecosystem, establishing itself as a major participant in DeFi. Midas’ introduction of tokenized assets (mBASIS, mTBILL, mMEV, and mRE7YIELD) and Oku’s June 2025 release of a DeFi aggregator that combines Uniswap v3 capabilities with sophisticated order routing are examples of recent significant integrations. With season 1 drawing thousands of users, network performance has also increased, reaching a high of $47.7M in TVL and $88.5M in on-chain asset value, smart contract storage speed increasing by up to 30x, and bridging durations decreasing from 15 days to less than a minute.
The stablecoin and cryptocurrency markets in DeFi are powered by Curve, a top decentralized exchange. It provides protected borrowing, low-slippage swaps, and essential liquidity infrastructure for the whole EVM ecosystem. Curve further broadens its use as a basis for onchain financial applications by issuing a fully collateralized stablecoin.
